Grants news and trends

U.S. Gives GlobalFoundries $1.5 Billion to Accelerate Domestic Semiconductor Industry
Technology // February 20, 2024

When it comes to technological advances, the small things frequently have the biggest impact. And for the 21st century’s connected economy, there is no bigger, smaller thing than semiconductors — the preeminent component of the computer chips powering electronic devices and digital transformations that have...

Bankman-Fried’s Grand Charitable Announcements Don’t Turn Into Grants
Cryptocurrency // November 14, 2022

The spectacular flameout of FTX and its Founder and CEO Sam Bankman-Fried has ripple effects that extend well beyond the confines of crypto trading and will likely impact philanthropy — and specifically, the “effective altruism” thesis that Bankman-Fried highlighted as the FTX corporate ethos. FTX’s...

Facebook Canada Starts Aid Program For SMBs
B2B Payments // May 26, 2020

Facebook Canada has announced a series of initiatives to aid small- to medium-sized businesses (SMBs) during the coronavirus pandemic, including $3.5 million in grants, virtual training classes and new features to help promote SMBs across numerous apps owned by the social media giant, according to...

Crowdfunding, Deferred Loan Payments Jumpstart SMB Relief
B2B Payments // March 26, 2020

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. With U.S. lawmakers reaching an agreement on an unprecedented $2 trillion stimulus package,...

Quick Reads
Facebook Funds $100M In Grants For SMBs Hurt By Coronavirus

March 17, 2020
Facebook wants to help small and medium-sized businesses (SMBs) survive the coronavirus pandemic, and is offering $100 million in grants to 30,000 companies in over 30 countries. Sheryl Sandberg, chief operating officer of Facebook, said on her page and in a blog post on Tuesday (March 17) that the social media giant wants to “do […]

Coronavirus: Starbucks Moves To Takeout In US, Canada; Europe To Speed COVID-19 Innovation Funding

March 16, 2020
The coronavirus could have far-reaching effects on coffee shops, retail stores and restaurants. Here are the latest updates on the coronavirus around the world. Starbucks has moved to a takeout format for...